Deep-South Resources Inc. announces the signature of a definitive earn-in agreement with Word Class Minerals Venture Ltd of Zambia to acquire up to 80% of three copper exploration licences in the center of the Zambian Copper belt, one of the most prolific copper belts in the world. John Akwenye, Chairman of Deep-South stated that: "While reinstating the licence over the Haib Copper project in Namibia remains our number [...]
Deep-South Resources and its affiliate Koryx Copper BV announce the appointment of King & Spalding LLP as international legal counsel. The mandate of King & Spalding is to review the Companies' options under international law in relation to the Namibian government's handling of the Haib Copper Exploration and Prospecting License and the government's refusal to renew the License. King & Spalding is an international law [...]
Deep-South Resources Inc. reports that at the hearing held on March 22, 2022, the judge has ordered the legal counsel of the Ministry of Mines and Energy of Namibia to file its defense affidavit at the latest on April 22, 2022. Deep-South attorneys will have until May 13, 2022 to file their reply to the defense of the Ministry. The judge has also drawn the attention of the parties to the Part 6 of the Rules of High Court [...]
Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia filed additional documents as part of the review record. However, the documents filed do not provide any evidence supporting the decision of the Minister not to renew the Haib Copper licence EPL 3140. The judge had previously granted an extension to the Ministry to file the documents they stated to have recently [...]
Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia have failed to file their defense affidavit as ordered by the High Court of Namibia on November 25, 2021. The Ministry's counsels stated that they have discovered new documents, which are not part of the record of proceedings. The Ministry's counsel has requested an extension to file those documents. The legal counsel [...]
Deep-South Resources announces the voting results from the Company's annual general meeting held on February 25, 2022. A total of 37,223,708 common shares were represented at the AGM, representing 25.44% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the shareholders for approval as set out in the company's notice of meeting and information circular; both [...]
Deep-South Resources Inc. announces that the Namibian legal counsel of the Company and its subsidiary, Haib Minerals Ltd , have amended and supplemented the original application on behalf of Haib with the High Court of Namibia for an order that the Minister of Mines and Energy should grant the renewal of the Haib Copper EPL 3140 licence within 30 days of the issuing of the order. The Ministry has not filed any documents [...]
Deep-South Resources Inc. reports that the legal counsel of the Ministry of Mines and Energy of Namibia proceeded with their last filing on November 17, 2021. The filing did not include any documents supporting the decision of the Minister to deny the renewal of the Haib Copper licence. Therefore, the Ministry has not provided any evidence supporting the decision of the Minister. At the Court hearing on November, 25 [...]
Deep-South Resources Inc. reports that at the Court hearing on November, 11, 2021, the legal counsel of the Ministry of Mines and Energy of Namibia requested an additional week to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal. The High Court of Namibia granted the Ministry the requested time to complete the filing. Deep-South's legal counsel will [...]
Deep-South Resources Inc. reports that at the Court hearing on October 28, 2021, the High Court of Namibia ordered the Ministry of Mines and Energy of Namibia to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal before November 11, 2021. The Ministry proceeded with a first filing on October 21, 2021 but it was not complete and did not include any [...]
Deep-South Resources Inc. announces that it will extend the exercise period of the first tranche of 800,000 share purchase warrants for a further two years term and the second tranche of 2,731,500 share purchase warrants for a further two years term. The warrants which are exercisable at a price of $0.20 per common share, were scheduled to expire for the first tranche November 22, 2021 and for the second tranche March 5 [...]
Deep-South Resources Inc. reports that at the Court hearing on September 16, 2021, the High Court of Namibia ordered the Ministry of Mines and Energy of Namibia to file the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal. After the filing of the Ministry's documents, Haib Minerals will have until October 21, 2021 to supplement or amend its own documents filed on July 20, 2021 [...]
